43
43
Mar 20, 2013
03/13
by
FBC
tv
eye 43
favorite 0
quote 0
melissa: steve, what do you think? >> look, i don't think there is any immediate danger of especially given how poorly it turned out in cyprus but i think in the longer term, melissa, these guys are very, hungry for revenues in washington. what i keep hearing from the budget tears, boy, there is a lot of money out there, even if we put a .1% tax on that is lot of money. melissa: take back to europe before we run out of the time. if there is a run on the cypriot banks, what will happen to cyprus? will they have to leave the european union? is there recovery in the u.s.? >> terrible news for europe generally. i don't know if they will apply cyprus back in the e.u. or not but it weakens the sense that europe has its act together. melissa: right. >> i think in some ways, we're the least rotten apple in the cart. this is only confirms that further. melissa: it does, but julia, it is another blow to the european recovery which is even happening which is for sure bad for us. what do you think all of this means for our economi
melissa: steve, what do you think? >> look, i don't think there is any immediate danger of especially given how poorly it turned out in cyprus but i think in the longer term, melissa, these guys are very, hungry for revenues in washington. what i keep hearing from the budget tears, boy, there is a lot of money out there, even if we put a .1% tax on that is lot of money. melissa: take back to europe before we run out of the time. if there is a run on the cypriot banks, what will happen to...
673
673
Mar 19, 2013
03/13
by
CNBC
tv
eye 673
favorite 0
quote 0
senior economics reporter steve liesman is breaking it all down for us. steve, what have you got? >> interesting results from our cnbc fed survey. 54 economists, fund managers, and analysts chiming in with their responses to our questions. first thing we want to show you their response on expected quantitative easing. this was their response in our january survey. looking for $680 billion of qe this year. now $17 billion. they added like another month. they're still below the pace of the fed. the fed buying at $85 billion. but they also lengthened out the timeline of the federal reserve, as you'll see in the next chart here. this is when they thought they were going to stop qe, in november of 2013. that was in our january survey. and now, all the way over here, they've added about six months that they think qe will be going on for. however, they do believe the fed will taper those purchases. that tapering, originally, we thought, was going to start in december of 2013. and now they've moved that ahead again. now it's more of a january. that's the average of all of the responses. h
senior economics reporter steve liesman is breaking it all down for us. steve, what have you got? >> interesting results from our cnbc fed survey. 54 economists, fund managers, and analysts chiming in with their responses to our questions. first thing we want to show you their response on expected quantitative easing. this was their response in our january survey. looking for $680 billion of qe this year. now $17 billion. they added like another month. they're still below the pace of the...
44
44
Mar 24, 2013
03/13
by
FBC
tv
eye 44
favorite 0
quote 0
to steve's point he is right. the statistics between san francisco and l.a., san francisco did great. however, so you understand the full story, there are other airports that tried where it didn't come out any worse but not so good. look, if you look into at a lot of the aviation experts have to say, basically what they tell us is it's a nicer wrapper around the same pduct. you still have government supervisors, identical technology, identical procedures, they don't seem to think it's going to save us that much money. so, just a question of whose pocket the paycheck is coming out of. >> it's not only saving, it's improving efficiency. privatization bet center >> hand it to the airlines. if american airlines doesn't protect its passengers it goes out of business. if t tsa doesn't protect the passengers it gets more funding. we have an incentive problem. in the private sector you are forced to do better. in the government you are rewarded. >> bill, do incentives matter here as they do most places? >> maybe but i say
to steve's point he is right. the statistics between san francisco and l.a., san francisco did great. however, so you understand the full story, there are other airports that tried where it didn't come out any worse but not so good. look, if you look into at a lot of the aviation experts have to say, basically what they tell us is it's a nicer wrapper around the same pduct. you still have government supervisors, identical technology, identical procedures, they don't seem to think it's going to...
83
83
Mar 18, 2013
03/13
by
FBC
tv
eye 83
favorite 0
quote 0
steve crutchfield, euronext, joins me now. steve, you know, let's talk about you only picked five names. you're offering these mini options. obviously, you're looking to get more trading volume in. how's the reception been so far today? >> the reception has been great, cheryl, and you're right, we focused on five of the most actively-traded names that are interesting particularly to retail investors who may have some of these names in their portfolio; apple, google, amazon, and the s&p 500 and gold etfs. cheryl: you're trading on both options exchanges. >> reception so far has been great, a very solid start. last time i checked about 30 minutes ago it looked industry wide about 14,000 of these options had traded, more than half about 8,000 on our two markets, so a very nice start to the product, and really great opportunities for those retail investors as you were talking about to be able to make use of options against some of those higher-price stock prices to reduce risk. cheryl: and options have become incredibly popular, b
steve crutchfield, euronext, joins me now. steve, you know, let's talk about you only picked five names. you're offering these mini options. obviously, you're looking to get more trading volume in. how's the reception been so far today? >> the reception has been great, cheryl, and you're right, we focused on five of the most actively-traded names that are interesting particularly to retail investors who may have some of these names in their portfolio; apple, google, amazon, and the...
104
104
Mar 20, 2013
03/13
by
FBC
tv
eye 104
favorite 0
quote 0
let's be clear, steve. thank you for coming, always great to have you here. this is an example of what is wrong with this country, and i'm glad you're bringing it. unbelievable. more to come this hour. more to come including are we near the end of the government's role in fannie and freddie? and next, more sequester hiding the hypocrisy from the administration concerning our armed foes. i will break it down after the break. [ male announcer ] what?! investors could lose tens of thousands of dollars in hidden fees on their 401(k)s?! go to e-trade and roll over your old 401(k)s to a new e-trade retirement accou. none of them charge annual fees and all of them offer low cost investments. e-trade. less for us. more for you. from the united states postal service a small jam maker can ship like a big business. just go online to pay, print and have your packages picked up for free. we'll do the rest. ♪ uh, charles couldn't make it. his single miles card blacked him out here and here. he should have used... the capital one venture card. he's coming to us from home.
let's be clear, steve. thank you for coming, always great to have you here. this is an example of what is wrong with this country, and i'm glad you're bringing it. unbelievable. more to come this hour. more to come including are we near the end of the government's role in fannie and freddie? and next, more sequester hiding the hypocrisy from the administration concerning our armed foes. i will break it down after the break. [ male announcer ] what?! investors could lose tens of thousands of...
113
113
Mar 19, 2013
03/13
by
CNBC
tv
eye 113
favorite 0
quote 0
unemployment rate stuck at 8%. >> steve forbes, judd gregg, steve bernstein. thanks for watching everybody. i'm kudlow. we'll be back tomorrow evening. clients are always learning more
unemployment rate stuck at 8%. >> steve forbes, judd gregg, steve bernstein. thanks for watching everybody. i'm kudlow. we'll be back tomorrow evening. clients are always learning more
53
53
Mar 23, 2013
03/13
by
FBC
tv
eye 53
favorite 0
quote 0
neil: steve, it is always good to have you. on that issue, whether it is big this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur the. neil: i do want to focus on this development about all of the money coany selling out. but not like you'd expect help the eonomy. as we mentioned, a very serious commitment. >> the s&p 500 pays out in dividends. also hitting the 118 billion. letting the multiplier taken fact for investors. the. neil: what you make of that? >> everyone running these companies -- not allf them are rational people. as opposed to taking a risk in investing it in some other way. it might create jobs, but it could also be a risk to the company. i sat on the board of the company that did just that. we looked at all of the options and say, we have cashier. we can use this cash. >> yes, this is still capital preservation.
neil: steve, it is always good to have you. on that issue, whether it is big this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur the. neil: i do want to focus on this development about all of the money coany selling out. but not like you'd expect...
67
67
Mar 25, 2013
03/13
by
FBC
tv
eye 67
favorite 0
quote 0
steve, the directer of the narc institute for early education research at rutgers was consulted by the white house. there's a number, estimated, one the president's plan, that early childhood education could cost up to $10 billion a year, rick. this goes in the line of more spending, more recovery. this is a lot of money. >> well, yeah, but here's the concern. i don't know how you can make the argument that 800,000 civilian defense workers losing their jobs can be good for the economy. i don't quite see how that's possible, and now on spending on preschool, look, what we're looking at now, forget the president's agenda to increase it. we're now looking at a major cut to head start because of the sequester. i don't know if that impacts on the economy today, but you can't tell me this is a good thing for the future when we take away the programs for kids. >> bottom line is, literally, barack obama needs more revenue. he needs another source. he just raised taxes on the risk, talking about closing deductions which is not enough. i'd like to predict they will eventually put another tax mec
steve, the directer of the narc institute for early education research at rutgers was consulted by the white house. there's a number, estimated, one the president's plan, that early childhood education could cost up to $10 billion a year, rick. this goes in the line of more spending, more recovery. this is a lot of money. >> well, yeah, but here's the concern. i don't know how you can make the argument that 800,000 civilian defense workers losing their jobs can be good for the economy. i...
47
47
Mar 23, 2013
03/13
by
FBC
tv
eye 47
favorite 0
quote 0
neil: steve, it is always good to have you. on that issue, whether it is big on that issue, whether it is big oil or anything above, saying [ male announcer ] you are a business pr omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. national. go like a pro. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in erything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. got you ! you cannot escape the rebel forces ! ahhh. got you ! got ya ! gotcha ! got ya. that's all you got, brother ? take that. never havi
neil: steve, it is always good to have you. on that issue, whether it is big on that issue, whether it is big oil or anything above, saying [ male announcer ] you are a business pr omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business...
186
186
Mar 20, 2013
03/13
by
CNBC
tv
eye 186
favorite 0
quote 1
steve is live in moscow. steve? >> reporter: maybe. maybe, tyler. maybe there will be money from russia, but maybe russia is playing a canny game here and it's going to wait and see what happens. the russians have enormous skin in the game. i mean, the bilateral trade and bilateral money transfers in 2011 according to moody's between russia and cyprus and back and forth was a quarter of a trillion dollars. the russians hold around about $30 billion plus in the bank accounts here in cyprus, so you can see the kind of money we're talking about. the rugs have got enormous business activities. it's kind of like an offshore financial senscenter for the russians? certainly they want to see they get their money back. a lot of assets are held by the likes of vtb, one of the big russian banks with $13 billion in assets according to some estimates in banks in cyprus. secondly, maybe they're going to extract something like a naval base. many have talked about the aspirations of the russians in that part of the mediterranean. and cyprus has offshore gas rights
steve is live in moscow. steve? >> reporter: maybe. maybe, tyler. maybe there will be money from russia, but maybe russia is playing a canny game here and it's going to wait and see what happens. the russians have enormous skin in the game. i mean, the bilateral trade and bilateral money transfers in 2011 according to moody's between russia and cyprus and back and forth was a quarter of a trillion dollars. the russians hold around about $30 billion plus in the bank accounts here in...
110
110
Mar 24, 2013
03/13
by
FBC
tv
eye 110
favorite 0
quote 0
neil: steve, it is always good to have you. on that issue, whether it is big oil or anything above, saying thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. the. neil: i do want to focus on this development about all of the money company selling out. but no
neil: steve, it is always good to have you. on that issue, whether it is big oil or anything above, saying thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making...
522
522
Mar 18, 2013
03/13
by
CNBC
tv
eye 522
favorite 0
quote 0
steven water from russell investments, steve sacks. steve liesman is with us. and then there's that guy santelli who joins us daily as well. dr. wood, are we making too much of this? over the weekend we were all convinced that the markets were going to be slammed today. they were in asia overnight. then things allayed. what happened? >> i think the market's assessing the size versus what it represents. what we have in cyprus right now is the rule of law being brought into question. can rules about depository insurance change over the course of a weekend? i think the size of cyprus right now, what it represents directly is not a threat. we're assessing. but if this is contained in some broader bailout oriented scheme, i think it could be something weathered by the markets. that said, the rule of law being brought into question is not a good thing. >> steve sacks, are you seeing a reaction in some of the european etfs out there? or are you seeing the same kind of money mentality going into exchange traded funds? what are you seeing out there? >> maria, it's reall
steven water from russell investments, steve sacks. steve liesman is with us. and then there's that guy santelli who joins us daily as well. dr. wood, are we making too much of this? over the weekend we were all convinced that the markets were going to be slammed today. they were in asia overnight. then things allayed. what happened? >> i think the market's assessing the size versus what it represents. what we have in cyprus right now is the rule of law being brought into question. can...
600
600
Mar 25, 2013
03/13
by
CNBC
tv
eye 600
favorite 0
quote 0
steve, what's that all about? >> sue, i want to talk in just a second about new york fed president bill dudley, talk more directly about monetary policy. first a word on fed chairman ben bernanke. he's speaking in london with mevvin king, outgoing head of the monetary policy committee there. he broadly supported all the global monetary policy easing for central banks around the world, say k effectively it was not currency. here's what he said. >> because stronger growth in each economy -- these policies are not -- rather they are positive sum enrich thiy neighbr actions. >> what he's saying is what japan is doing is okay. new york fed president bill dudley, he had some very strong words for critics of the federal reserve who say that the fed is potentially going to be losing money through its current quantitative easing policy. let's give a listen to his comments today at the new york economic club. >> the fed is a central bank, not an asset management company. our commitment is to our dual objectives. >> dudley a
steve, what's that all about? >> sue, i want to talk in just a second about new york fed president bill dudley, talk more directly about monetary policy. first a word on fed chairman ben bernanke. he's speaking in london with mevvin king, outgoing head of the monetary policy committee there. he broadly supported all the global monetary policy easing for central banks around the world, say k effectively it was not currency. here's what he said. >> because stronger growth in each...
156
156
Mar 19, 2013
03/13
by
CNBC
tv
eye 156
favorite 0
quote 0
steve, i'll start with you. how do you read the market's reaction to the cyprus move in the news today? >> i think cyprus is a one-op deal. very different than the other european countries. the banking industry is such a big percentage of what goes on there. i think people were initially scared by the quote/unquote deposit tax. now the feeling is it's a unique solution. it's one we won't see in italy, spain or portugal. so i think the market said, well, it's okay. we can live with this. we don't think it will get repeated. certainly in the united states. the european indices have had more of a decline than we have. but we're sort o o whistling pat this graveyard, so to speak. >> mark, i think you fall in the same camp as steve, in that you think cyprus is small. c contagion is not such a big problem. financial is a sector that really has traded of late along with european woes. >> yeah. first of all, we would agree with that and we would agree with steve. i'm surprised the markets didn't sell off more on it yest
steve, i'll start with you. how do you read the market's reaction to the cyprus move in the news today? >> i think cyprus is a one-op deal. very different than the other european countries. the banking industry is such a big percentage of what goes on there. i think people were initially scared by the quote/unquote deposit tax. now the feeling is it's a unique solution. it's one we won't see in italy, spain or portugal. so i think the market said, well, it's okay. we can live with this....
50
50
Mar 20, 2013
03/13
by
FBC
tv
eye 50
favorite 0
quote 0
neil: the details of which, not to relate, but at this time, everyone said, is this a steve jobs situation? do we know if he is sicker than we think, you know that went. >> i remember. it was horrible, some articles that came out, one in particular from "wall street journal,." neil: i remember. >> it was tough on my family, it was saying, you know you have cancer, it will be awkward. why put people in that position. >> did you ever just want to quit out right? >> absolutely not, i started something, i wanted to see it to a good spot, we had not closed with federal reserve yet. we were just about to do that transaction, i committed to people that i wanted to do it, neil, you have to live every day, until you can't. i was in a job, i was loving what i was doing, my family and i spending good timin time toge. neil: did anyone say this is a threat to your life? you might die? >> for me? >> i was given 9 months to a year to live, so i knew i had until may until i was showing bad affects and i knew i had to work with the board on suck last thing i wanted for my family and tor to say, what a se h
neil: the details of which, not to relate, but at this time, everyone said, is this a steve jobs situation? do we know if he is sicker than we think, you know that went. >> i remember. it was horrible, some articles that came out, one in particular from "wall street journal,." neil: i remember. >> it was tough on my family, it was saying, you know you have cancer, it will be awkward. why put people in that position. >> did you ever just want to quit out right?...
99
99
Mar 22, 2013
03/13
by
CNBC
tv
eye 99
favorite 0
quote 0
. >> i want to read mark simone my pal steve forbes tweets capitalism is the most moral system because it respects man's rights. now stanford may not agree with that but do i. >> you're being a little out dated. we're in the obama economy. a college student doesn't need to study capitalism, moves into his parents house, lives there until he's 30. is on their health care plan. where do you find a professor to teach the joys of capitalism. >> there has to be somebody out there. >> they are there but they are a vanishing minority. >> capitalism is freedom. i appeal to your higher spirits. there must be an agreement with us some place. capitalism is about freedom. live, liberty and pursuit of happiness is done best through the free market capitalist system. >> i agree with you, larry. i don't know what stanford is doing. obviously they can do what they want because they are a private university and we have freedom of speech but i certainly would encourage the teaching of capitalism on campus. but i think you're all on a different planet. liberals are very supportive of capitalism. and this
. >> i want to read mark simone my pal steve forbes tweets capitalism is the most moral system because it respects man's rights. now stanford may not agree with that but do i. >> you're being a little out dated. we're in the obama economy. a college student doesn't need to study capitalism, moves into his parents house, lives there until he's 30. is on their health care plan. where do you find a professor to teach the joys of capitalism. >> there has to be somebody out there....
50
50
Mar 23, 2013
03/13
by
FBC
tv
eye 50
favorite 0
quote 0
neil: steve, it is always good to have you. on that issue, whether it is big oil or anything above, saying thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2% every year. does that make a difference? search "cost of financial advisors" ouch. over time it really adds up. then go to e-trade and find out how much our advice costs. spoiler alert: it's low. really? yes, really. e-trade offers investment advice and guidance from dedicated, professional financial consultants. it's guidance on your terms, not ours. that's how our system works. e-trade. less for us. more for you. the. neil: i do want
neil: steve, it is always good to have you. on that issue, whether it is big oil or anything above, saying thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making...
182
182
Mar 18, 2013
03/13
by
MSNBCW
tv
eye 182
favorite 0
quote 0
steve clemens is washington editor at large for "the atlantic." also with the new america foundation. steve, what's amazing about this trip and thinking about the peace process and what we went through earlier, the president was determined. and believed, i think, some of his own ret eerrati erhetoric ts going to be able to be a game changer. here we are in the second term. he said he wasn't going to wait until the second term for peace process. it didn't work. there's a lot of reasons. one of the bigger ones is terrible relations with the israeli government. >> the president came in. he wanted to change the game. he wanted to be the nixon, frankly, who changed the way global gravity worked. he felt solidly all of the problems the united states was facing at that time, whether it was in afghanistan, whether it was in the broad middle east and the real disdain many arabs had for the united states in the wake of the gulf war, he thought if we could fix this problem, many of the other problems would be fixed. and that proved to be when he went head to
steve clemens is washington editor at large for "the atlantic." also with the new america foundation. steve, what's amazing about this trip and thinking about the peace process and what we went through earlier, the president was determined. and believed, i think, some of his own ret eerrati erhetoric ts going to be able to be a game changer. here we are in the second term. he said he wasn't going to wait until the second term for peace process. it didn't work. there's a lot of...
165
165
Mar 22, 2013
03/13
by
FBC
tv
eye 165
favorite 0
quote 0
shibani: steve, thank you very much for being with us. it doesn't hurt that you've got some of the primest location spots in the city. charles street. used to live on it. that is the heart of the west village. certainly can't hurt to be in those places. >> thank you, shibani. david: the woolworth building is fantastic. if you come to manhattan you have to go to the woolworth building. real historical site. >> thank you. david: steve forbes, who is behind the bank confiscation plan in cyprus. whether or not this might become another european import by some of our euro loving policy-makers. shibani: pepsi is having its first bottle makeover in 17 years. we'll show you exactly what it is going to look like coming up next. ♪ . (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart tex i can quickly understand my charts, and spend moreime trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don
shibani: steve, thank you very much for being with us. it doesn't hurt that you've got some of the primest location spots in the city. charles street. used to live on it. that is the heart of the west village. certainly can't hurt to be in those places. >> thank you, shibani. david: the woolworth building is fantastic. if you come to manhattan you have to go to the woolworth building. real historical site. >> thank you. david: steve forbes, who is behind the bank confiscation plan...
56
56
Mar 24, 2013
03/13
by
FOXNEWSW
tv
eye 56
favorite 0
quote 0
and he steve says make him a politician. says one thing and does the opposite. and karen, absolutely not. with all of the lycoming from the white house, phil is actually he looking pretty darn good. and george, not only should he get the death penalty, he should be served for lunch. well, it was 80 here in texas today so i kind of like the little guy. go ahead, rub it in. that's it for us tonight. captioned by closed captioning services, inc. love your passat! um. listen, gary. i bought the last one. nice try. says right here you can get one for $199 a month. you can't believe the lame-stream media, gary. they're all gone. maybe i'll get one. [ male announcer ] now everyone's going to want one. you can't have the same car as me, gary! i'm gettin' one. nope! [ male announcer ] volkswagen springtoberfest is here and there's no better time to get a passat. that's the power of german engineering. right now lease one of four volkswagen models for under $200 a month. visit vwdealer.com today. i took something for my sinuses, but i still have this cough. [ male announc
and he steve says make him a politician. says one thing and does the opposite. and karen, absolutely not. with all of the lycoming from the white house, phil is actually he looking pretty darn good. and george, not only should he get the death penalty, he should be served for lunch. well, it was 80 here in texas today so i kind of like the little guy. go ahead, rub it in. that's it for us tonight. captioned by closed captioning services, inc. love your passat! um. listen, gary. i bought the...
90
90
Mar 22, 2013
03/13
by
FBC
tv
eye 90
favorite 0
quote 0
what do you think about that, steve? >> you know, i think there are some advantages to having a country like cyprus, actually, repudiate its debt because one of the things i find looking around the world, even in the united states, is that this sovereign debt is treated like it's, you know, completely risk-free and it is not risk-free. there should be a risk premium associated with government debt and if you had a country like cyprus that essentially declared bankruptcy, and renegotiated these debt agreements, that might raise the interest rates of other countries. and that might not be such a bad thing. there would be more money going into private companies and less going into government. >> yeah. >> the other element of this i think is really interesting, there is a big debate whether the e.u. or whether russia will bailout cyprus. melissa: right. >> cyprus, according to recent figures i saw, the russians have about $50 billion invested in cyprus banks. so they have a lot at stake here. even though they seem tt be back
what do you think about that, steve? >> you know, i think there are some advantages to having a country like cyprus, actually, repudiate its debt because one of the things i find looking around the world, even in the united states, is that this sovereign debt is treated like it's, you know, completely risk-free and it is not risk-free. there should be a risk premium associated with government debt and if you had a country like cyprus that essentially declared bankruptcy, and renegotiated...
438
438
Mar 26, 2013
03/13
by
CNBC
tv
eye 438
favorite 0
quote 0
steve liesman taking a deeper dive into home depot versus lowe's. which retailer you prefer may say more about you than you think. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> welcome back to the "halftime report." the results are in for the cnbc all america economic survey. seems americans are split down the middle when it comes to the home improvement rivals home depot and lowe's. the numbers tell a different story of a nation deeply divided. senior economics reporter steve liesman here to break down the numbers. >> scott, this is a great story. we saved it for you guys at "fast money." polled 800 americans across the country the same way they do
steve liesman taking a deeper dive into home depot versus lowe's. which retailer you prefer may say more about you than you think. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious...
211
211
Mar 20, 2013
03/13
by
CNBC
tv
eye 211
favorite 0
quote 0
but from that steve to another steve, we're going to go to washington, d.c. where steve liesman joins us now on cyprus with a very special guest. steve? >> yes, thanks, andrew, we're joined by the former governor of the central bank of cyprus and renowned expert on monetary policy. his research, some of it written with former and current members of the u.s. fed. he worked at the fed from 1990 to 2007 now at m.i.t. good morning. >> good morning, steve. >> let's talk about where we are right now. the parliament rejected the bank bailout as proposed by the international institution yesterday. and now the cyprus finance minister is in russia. where do we go from here? >> it's a very difficult situation. but first, let me explain why the rejection of yesterday. i'm going to compare this to u.s. terms. imagine if governments of other states in the united states blackmailed the states of massachusetts where i'm at right now to shut down its financial center because they don't like it. this essentially what the other governments did on friday night to cyprus. and it
but from that steve to another steve, we're going to go to washington, d.c. where steve liesman joins us now on cyprus with a very special guest. steve? >> yes, thanks, andrew, we're joined by the former governor of the central bank of cyprus and renowned expert on monetary policy. his research, some of it written with former and current members of the u.s. fed. he worked at the fed from 1990 to 2007 now at m.i.t. good morning. >> good morning, steve. >> let's talk about where...
204
204
Mar 18, 2013
03/13
by
FOXNEWSW
tv
eye 204
favorite 0
quote 1
steve hankie from the cato institute had a chart where he looked at the deposits in cypriate banks from june of 2010. longer study. in june of 2010, europeans accounted for 60 billion in euros and today it's 18 billion in deposits. russians increased from $20 billion to 30 billion today. dramatic change. if you look at the chart it is mark stark. who is making the deposits. europeans don't want to be financed in what they are up to. >> bret: let me interrupt you. put up the map to show where cyprus is. russian energy companies the biggest of them all is offering to bail out cyprus in exchange for gas exploration rights, according to the media there. they put out a statement saying they are happy to do the bail-out. a very rich company. of course, it's in russia's interest to make the pitch. the gas discovers, natural gas and the fields underneath the eastern mediterranean sea are said to be huge. 120 trillion cubic feet of recoverable natural gas. 20 billion-barrels of oil. equal to that, or 20 times the inventory of our petroleum reserve. >> which makes this confiscation all the more r
steve hankie from the cato institute had a chart where he looked at the deposits in cypriate banks from june of 2010. longer study. in june of 2010, europeans accounted for 60 billion in euros and today it's 18 billion in deposits. russians increased from $20 billion to 30 billion today. dramatic change. if you look at the chart it is mark stark. who is making the deposits. europeans don't want to be financed in what they are up to. >> bret: let me interrupt you. put up the map to show...
149
149
Mar 24, 2013
03/13
by
MSNBCW
tv
eye 149
favorite 0
quote 0
i hope you'll join me watching up with steve kornacki. until then, we'll look back at the discussions i'm most proud of. the debates, interviews, analysis and epiphanies chosen by me that best represent what we're trying to do here on up and in my new show. that's. saturday and sunday at 8:00 eastern time. up next is melissa harris-perry on today's mhp, the brilliant constitutional scholar kenji yoshino regarding doma and the prop cases going before the supreme court. melissa harris-perry coming up next. we'll see you next week here on up. [ applause ] [ female announcer ] made just a little sweeter... because all these whole grains aren't healthy unless you actually eat them ♪ multigrain cheerios. also available in delicious peanut butter. healthy never tasted so sweet. [ kids ] yeah! ok. if you saved enough money, what would you do with it? i would buy an island made out of candy. an island made out of candy? it would be like sand full of sugar. sand full of sugar? the water could be made out of like soda, and when you take a shower i
i hope you'll join me watching up with steve kornacki. until then, we'll look back at the discussions i'm most proud of. the debates, interviews, analysis and epiphanies chosen by me that best represent what we're trying to do here on up and in my new show. that's. saturday and sunday at 8:00 eastern time. up next is melissa harris-perry on today's mhp, the brilliant constitutional scholar kenji yoshino regarding doma and the prop cases going before the supreme court. melissa harris-perry...
151
151
Mar 26, 2013
03/13
by
CNBC
tv
eye 151
favorite 0
quote 0
steve liesman is back. steve, what can you tell us about this time? >> becky, this is only interesting when stuff changes. stuff changed when it came to americans's attitudes on the sequester. our poll found it very interesting change here. let's look where they were back in november around the election about how to cut the deficit. 3% said do it with tax hikes only. 16% in spending cuts only. very little support for tax hikes only. 12 points up. 55% want a combination. but 12-point drop. what's interesting is it was entirely driven by changes in republicans's attitudes almost entirely. 28% republicans back in march. now it's more like 50% if you look at the current results. a slight change of 6% to 13%. but republicans less inclined in part because there were in fact, tax hikes. 15% unsure. 27% say they expected to have no impact. 40% say it will hurt the economy. do i combine them? just come over here for a second. i get 45%. the question is whether or not president obama is making his case about the danger of sequester. i want to point out zoom in
steve liesman is back. steve, what can you tell us about this time? >> becky, this is only interesting when stuff changes. stuff changed when it came to americans's attitudes on the sequester. our poll found it very interesting change here. let's look where they were back in november around the election about how to cut the deficit. 3% said do it with tax hikes only. 16% in spending cuts only. very little support for tax hikes only. 12 points up. 55% want a combination. but 12-point drop....
124
124
Mar 18, 2013
03/13
by
CNBC
tv
eye 124
favorite 0
quote 0
steve liesman on his way soon to westchester county. robert, who knows where he's going. what it might mean for russia's rich. >> nondisclosed location. >> tyler, i'm looking at the markets and the commentary coming in to my e-mail. i think knee-jerk contagion is now becoming contagion as some investors doubt that what's going on in cyprus is really raising concerns about the positive insurance worldwide. citi group in a report that just came out, contagion risks are over rated in our view. the risk of bank runs in other euro area countries has clearly risen but the unique features of the cypriot situation should limit the read through to other cases in the euro area. in case you didn't know this, issuing a strong statement the reassure american depositors. while the situation in cyprus is a real concern for the depositors in cypriot's banks, depositors in the u.s. banks are insured. the cyprus debacle is the sort of thing that has kept the fed on age and as gresive stance on monetary policy. fed would increase by 85 billion in additional mortgages because it's already on
steve liesman on his way soon to westchester county. robert, who knows where he's going. what it might mean for russia's rich. >> nondisclosed location. >> tyler, i'm looking at the markets and the commentary coming in to my e-mail. i think knee-jerk contagion is now becoming contagion as some investors doubt that what's going on in cyprus is really raising concerns about the positive insurance worldwide. citi group in a report that just came out, contagion risks are over rated in...
124
124
Mar 22, 2013
03/13
by
FOXNEWSW
tv
eye 124
favorite 0
quote 0
steve, good morning to you. >> good morning, bill. bill: big picture, you seem to be okay with this, is that right? >> i think we need to know a lot more about the details how exactly this will work and we need to know what kind of protections are set up to protect the privacy of average americans. no one wants the government to have access or the opportunity to scanning or reading their e-mails on one hand. on the other hand, when you look at nature of the cyber threat that we face on a daily basis, both in government and in industry and in our private networks, it's a significant problem and it needs to be addressed and i think address addressed forthrightly. bill: based on what you understand about this program it is looking for what then? in either your e-mails or your internet search? >> right. it's looking for sort of big picture possible viruses, possible attacks. the kinds of things that could potentially take the attacks, cyber attacks we've seen previously which have been largely disruptive attacks and turn them into destruc
steve, good morning to you. >> good morning, bill. bill: big picture, you seem to be okay with this, is that right? >> i think we need to know a lot more about the details how exactly this will work and we need to know what kind of protections are set up to protect the privacy of average americans. no one wants the government to have access or the opportunity to scanning or reading their e-mails on one hand. on the other hand, when you look at nature of the cyber threat that we face...
116
116
Mar 23, 2013
03/13
by
MSNBCW
tv
eye 116
favorite 0
quote 0
>> jeff session will lead the opposition to it in the senate and steve king has emerged of the leader of the opposition to it in the house. i do think the lack of a voice does somewhat change the calculus a little bit in having people like marco rubio and ran paul not supporting the sessions/king position. >> they can't claim this is being done by people behind closed doors without them -- they are in the room equal number. this is hopefully going true bipartisan bill. >> explain that. the senate process got a lot of attention. there's a house process as well. >> same conversation. actually our process is actually older than theirs. we started quite some time ago. we're all having conversations. >> there are members of both parties working together? >> equal number of republicans and democrats working in the house and senate to come up with a bill. bills will be very similar. >> there's this threshold issue that -- >> i was going say when we talked earlier in the beginning that this issue has, you know, it's revolving. we understand that. by the way, i happen to bree we should be goin
>> jeff session will lead the opposition to it in the senate and steve king has emerged of the leader of the opposition to it in the house. i do think the lack of a voice does somewhat change the calculus a little bit in having people like marco rubio and ran paul not supporting the sessions/king position. >> they can't claim this is being done by people behind closed doors without them -- they are in the room equal number. this is hopefully going true bipartisan bill. >>...
175
175
Mar 18, 2013
03/13
by
CNBC
tv
eye 175
favorite 0
quote 0
post steve jobs there is concern. it is a small entrepreneurial company that focuses on pnc insurance base. that is 30-year-old software. guidewire is right there. this is a business with less than $200 million in recurring revenues. their win rates are very, very high. well over 50%. so we see the pathway to at least a billion dollars of recurring revenue to be very achievable. >> and also gartner. >> information technology is increasingly strategic for all organizations. the pace of change is accelerating. you probably hair things of cloud computing and mobile and social and big data. and gartner is helping their customers deal with those changes. it sells under $30,000. it has a budget of at least a million dollars. what we really like is they are very much in the early stage of their opportunities. they have a little bit less than 9,000 customers a day. over 100,000 of 10 million or more. >> would you play google in outline of this? you're not doing some other big tech names but that seems like a name that keeps g
post steve jobs there is concern. it is a small entrepreneurial company that focuses on pnc insurance base. that is 30-year-old software. guidewire is right there. this is a business with less than $200 million in recurring revenues. their win rates are very, very high. well over 50%. so we see the pathway to at least a billion dollars of recurring revenue to be very achievable. >> and also gartner. >> information technology is increasingly strategic for all organizations. the pace...
176
176
Mar 26, 2013
03/13
by
MSNBCW
tv
eye 176
favorite 0
quote 0
steve, i'll start with you. you've had a lot of experience in the state of california. as you watch this play out this week and we hear about the case in june, how do you see it playing out? >> one of the things this issue has progressed so rapidly in the country as a whole. if we had a ballot initiative in california again like we had in 2008, i have no doubt in my mind in a presidential election year it would pass and gay marriage would be legal. the issue is moving so quickly. see that this week with so many democratic senators coming out. and i think california like other places in the country people's opinions on this issue have just changed at a lightning pace. >> wes moore, where are we on this issue now? >> well, i think we're seeing things change at a lightning pace and a much more strategic approach as to how exactly we can sway public opinion. because the fact is, the court is not going to make this decision in a bubble. and that is something that is going to be despite making this on completely legal basis, this is in the back of their mind seeing where the
steve, i'll start with you. you've had a lot of experience in the state of california. as you watch this play out this week and we hear about the case in june, how do you see it playing out? >> one of the things this issue has progressed so rapidly in the country as a whole. if we had a ballot initiative in california again like we had in 2008, i have no doubt in my mind in a presidential election year it would pass and gay marriage would be legal. the issue is moving so quickly. see that...
238
238
Mar 26, 2013
03/13
by
CNBC
tv
eye 238
favorite 0
quote 1
steve liesman will lay it all out for us. plus, forget s&p 1565. 1760 is the next stop so 12%, 13% from where we are here now and it could happen, they say, faster than you think. we're back in two. >>> let's get to steve liesman who has the results of the all-america survey. i know you're talking about gold bugs this morning. >> we asked a question a year ago and we recycled it for the economic survey and we asked 800 americans, and we asked them quite simply what is the best investment? back in march 2012 and now a year later, let's see what they say. i'll tell you what the answer is not. it's not corporate bonds, it's not bonds and savings accounts. that's like less than 10 for any of them. how about stocks? that went up a little bit, 21%. real estate went up 27% and gold, still the number one choice of americans when asked to choose among these investments. down a little bit, up a little bit in real estate, up a little bit in stocks, but gold is still a pretty good winner statistically. let's move on and take a look at wh
steve liesman will lay it all out for us. plus, forget s&p 1565. 1760 is the next stop so 12%, 13% from where we are here now and it could happen, they say, faster than you think. we're back in two. >>> let's get to steve liesman who has the results of the all-america survey. i know you're talking about gold bugs this morning. >> we asked a question a year ago and we recycled it for the economic survey and we asked 800 americans, and we asked them quite simply what is the...
169
169
Mar 25, 2013
03/13
by
CNBC
tv
eye 169
favorite 0
quote 0
it makes in a bill gates, you know, transition to steve palmer. it makes sense. worked very well at ford. you name the worst performing companies. by the way, the barron's list of the world's most valuable ceos they didn't separate the roles. look at the problems in the uk where they love to advertise they haven't. did it help with bp, royal dutch shell. as you go down that list you think of the disasters. rbs, barclay's all had separation of rolls. it creates confusion in the aftermath as to who speaks for the company, how they're resolving it. and zero research that it's preventive or corresponds with shareholder wealth. >> it's a longer conversation to have. >> rex tillerson. hp. >> yep. >> it's a fantastic job. >> jeff, we got the music playing us out. we will have you back and continue this conversation another time. thanks. >> jeff is always colorful. when we come back, a last minute deal. in europe they are certainly bid up. the cac is up by over 1.6%. [ lorenzo ] i'm lorenzo. i work for 47 different companies. well, technically i work for one. that compan
it makes in a bill gates, you know, transition to steve palmer. it makes sense. worked very well at ford. you name the worst performing companies. by the way, the barron's list of the world's most valuable ceos they didn't separate the roles. look at the problems in the uk where they love to advertise they haven't. did it help with bp, royal dutch shell. as you go down that list you think of the disasters. rbs, barclay's all had separation of rolls. it creates confusion in the aftermath as to...
128
128
Mar 24, 2013
03/13
by
MSNBCW
tv
eye 128
favorite 0
quote 0
we're talking to steve harvey and his program. there are a lot of mentoring programs out there that people don't even really know about. i'm hoping that guns for greatness can also turn the light on for some of those programs. >> what are you going to do with all of the guns that are turned in? >> nypd does that. >> turn them over? >> you guys got them. >> this is good. thanks so much for coming on and talking to me about it. it's called guns for greatness, we'll put more information on our website, especially information on how folks who are watching right now might want to come down and turn in -- and we should know, this is going to be first of several of these. >> in a perfect world, we're going to do each borough in new york, and then the goal is to take it to chicago, philadelphia, baltimore, detroit. i would like this ultimately be a national program. >> and the concert tickets come into play how? >> as the young people do the work with their mentors, when you stay engaged -- the idea of the concert tickets was to keep them
we're talking to steve harvey and his program. there are a lot of mentoring programs out there that people don't even really know about. i'm hoping that guns for greatness can also turn the light on for some of those programs. >> what are you going to do with all of the guns that are turned in? >> nypd does that. >> turn them over? >> you guys got them. >> this is good. thanks so much for coming on and talking to me about it. it's called guns for greatness, we'll...
209
209
Mar 21, 2013
03/13
by
MSNBCW
tv
eye 209
favorite 0
quote 0
building a larger studio firm upstairs in the studio that johnny carson performed in and the great steve allen. >> jimmy fallon, couldn't be a nicer guy. >> a nice guy. >> funny guy. >> great guy. >> a good move. >> it's a good move. >> one of the generational changes upon us. >> the. >> seriously if you think about kimmel and fallon. i think the only premier generation left is letterman. >> my generation? >> the geriatric old man. >> let's go to politico. i did have a mcdonald's story for you. >> he has done very well in the ratings. a little back and forth between him and the executives. you telling me if i compare my boss to snakes, you're saying that might hurt my career trajectory? >> it's not traditional. >> it is not a traditional matter, of course. >> okay. we will get to that later. >>> bus is the chief white house correspondent for politico, mike allen is here with the morning playbook. mike, good morning. >> good morning, mika. >> in today's behind the curtain column you say the gop now belongs to senators marco rubio and rand paul. how so? >> you might as well call it the ran
building a larger studio firm upstairs in the studio that johnny carson performed in and the great steve allen. >> jimmy fallon, couldn't be a nicer guy. >> a nice guy. >> funny guy. >> great guy. >> a good move. >> it's a good move. >> one of the generational changes upon us. >> the. >> seriously if you think about kimmel and fallon. i think the only premier generation left is letterman. >> my generation? >> the geriatric old...
146
146
Mar 25, 2013
03/13
by
CSPAN2
tv
eye 146
favorite 0
quote 0
it i think steve burke believes the same thing. it takes time to put your team together. you never did it just right, and you always are making some changes, but i think we have it pretty close to just right now. a super person taking shows. he is going to use grief when it fails and praised when it succeeds in there will be more of that attention going. we have the same thing in news, the same thing in sports, the same thing in movies. we had coming you know, but ted, some really good ones, some not so good ones, but that is the nature of the content business. for me personally you have to try to be more even than not go so high and go solo and try to continue to look at the people. really good at making the best decisions? you giving them the tools connect the thing that we found, and this is -- a wonderful partner. it just wasn't right any more to go make pilots hoping to find an exit. they could build power plants somewhere else or energy. and so all parts of the company were getting less capital and less investment and less attention and i don't believe i'm here to h
it i think steve burke believes the same thing. it takes time to put your team together. you never did it just right, and you always are making some changes, but i think we have it pretty close to just right now. a super person taking shows. he is going to use grief when it fails and praised when it succeeds in there will be more of that attention going. we have the same thing in news, the same thing in sports, the same thing in movies. we had coming you know, but ted, some really good ones,...